Panchkula/Chandigarh, Nov. 19 -- Two tricity residents fell prey to cyber fraud amounting to Rs.3.05 crore through an online stock market investment scam. In the first case, the cyber crime police have apprehended the tenth accused in a July 2024 cyber fraud case, in which a Panchkula resident was duped of Rs.1.75 crore through a stock market investment fraud. The accused, identified as Kishan, a resident of Kutch district in Gujarat, was held during a raid conducted on Monday.

In a complaint filed by a Panchkula resident on July 31, 2024, the victim alleged that on July 5, he came across a share market-related advertisement on Facebook and liked it. Shortly after, he received a link on WhatsApp promising double returns on investments in...